IREN S.P.A. financials
IREN S.P.A.
Country: IT Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
8156001EBD33FD474E60 Financial statements
(EUR, as reported — unscaled; 132 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | €6.57B | €6.04B |
| Gross profit | €1.35B | €1.27B |
| Other income | €240.7M | €139.7M |
| Operating expenses | €5.22B | €4.77B |
| Employee benefits expense | €668.5M | €641.6M |
| Raw materials & consumables used | €2.38B | €2.22B |
| Depreciation & amortisation | €716.3M | €655.5M |
| Operating profit (EBIT) | €530.0M | €519.7M |
| Net finance income / (cost) | -€107.8M | -€90.6M |
| Finance costs | €146.1M | €136.3M |
| Profit before tax | €438.4M | €435.3M |
| Income tax expense | €122.2M | €131.7M |
| Profit for the year | €316.3M | €303.6M |
| — attributable to owners | €300.5M | €268.5M |
| — attributable to NCI | €15.7M | €35.1M |
| Total comprehensive income | €348.4M | €258.5M |
| Per share | ||
| Basic EPS | €230.00 | €210.00 |
| Diluted EPS | €230.00 | €210.00 |
| Free cash flow / share | €110.87 | €174.98 |
| Cash flow statement | ||
| Net cash from operating activities | €1.08B | €1.08B |
| Net cash from investing activities | -€887.3M | -€901.0M |
| Net cash from financing activities | -€311.4M | -€291.7M |
| Dividends paid | €178.2M | €189.8M |
| Proceeds from borrowings | €270.0M | €1.00B |
| Repayments of borrowings | €1.08B | €623.2M |
| Lease liability payments | €31.6M | €17.9M |
| Balance sheet | ||
| Total assets | €12.13B | €12.21B |
| Non-current assets | €9.85B | €9.39B |
| Property, plant & equipment | €4.61B | €4.52B |
| Intangible assets & goodwill | €272.5M | €247.3M |
| Current assets | €2.28B | €2.82B |
| Inventories | €68.2M | €84.0M |
| Trade & other receivables | €1.36B | €1.44B |
| Cash & equivalents | €205.8M | €326.6M |
| Total equity | €3.71B | €3.34B |
| — attributable to owners | €3.46B | €2.88B |
| Non-controlling interests | €251.5M | €467.7M |
| Non-current liabilities | €5.87B | €5.69B |
| Current liabilities | €2.54B | €3.18B |
| Deferred tax liabilities | €93.1M | €116.9M |
| Derived metrics | ||
| Free cash flow | €152.4M | €253.0M |
| Operating margin | 8.1% | 8.6% |
| Net margin | 4.8% | 5.0% |
| Return on equity | 8.5% | 9.1% |
| Cash conversion ratio | 3.41× | 3.57× |
| Capex coverage | 1.16× | 1.30× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | €17.6M | -€12.6M |
| Adjustments For Decrease Increase In Other Current Assets | -€99.4M | €252.5M |
| Adjustments For Decrease Increase In Trade Account Receivable | €95.9M | -€224.3M |
| Adjustments For Depreciation and Amortisation Expense | €716.3M | €655.5M |
| Adjustments For Finance Income Cost | €107.8M | €90.6M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €6.7M | €13.5M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade and Other Receivables | €86.2M | €74.5M |
| Adjustments For Income Tax Expense | €122.2M | €131.7M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -€7.7M | -€9.9M |
| Adjustments For Increase Decrease In Other Current Liabilities | -€42.5M | €7.5M |
| Adjustments For Increase Decrease In Trade Account Payable | -€211.5M | €126.2M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | €4.5M | €5.4M |
| Adjustments For Provisions | €255.5M | €237.2M |
| Adjustments For Undistributed Profits of Associates | €13.9M | €7.5M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €11.0M | -€85.0K |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | -€20.5M | -€8.1M |
| Comprehensive Income Attributable To Noncontrolling Interests | €15.1M | €34.4M |
| Comprehensive Income Attributable To Owners of Parent | €333.3M | €224.1M |
| Current Contract Assets | €40.7M | €69.3M |
| Current Contract Liabilities | €28.5M | €89.0M |
| Current Financial Liabilities | €126.4M | €656.5M |
| Current Tax Assets Current | €8.0M | €14.5M |
| Current Tax Liabilities Current | €18.0M | €12.7M |
| Deferred Tax Assets | €386.4M | €389.5M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €823.0M | €754.4M |
| Dividends Received Classified As Investing Activities | €4.0M | €2.0M |
| Equity and Liabilities | €12.13B | €12.21B |
| Finance Income | €38.3M | €45.7M |
| Gains Losses Recognised In Profit Or Loss Fair Value Measurement Entitys Own Equity Instruments | €2.4M | -€1.3M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade Receivables | €86.2M | €74.5M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | €13.0M | -€15.3M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €191.0K | €25.0K |
| Income Taxes Paid Refund Classified As Operating Activities | €115.2M | €174.8M |
| Increase Decrease In Cash and Cash Equivalents | -€120.8M | -€109.6M |
| Increase Decrease In Liabilities Arising From Financing Activities | €13.6M | €35.5M |
| Increase Decrease Through Appropriation of Retained Earnings | — | €0 |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | — | €32.6M |
| Increase Decrease Through Sharebased Payment Transactions | — | -€16.7M |
| Increase Decrease Through Transfers and Other Changes Equity | — | €3.6M |
| Increase Decrease Through Treasury Share Transactions | — | €0 |
| Intangible Assets Other Than Goodwill | €3.72B | €3.36B |
| Interest Paid Classified As Financing Activities | €131.8M | €125.3M |
| Investment Accounted For Using Equity Method | €205.0M | €282.5M |
| Investment Property | €2.9M | €2.0M |
| Issued Capital | €1.30B | €1.30B |
| Liabilities | €8.42B | €8.87B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €18.3M | €0 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €103.7M | €790.0K |
| Noncurrent Contract Assets | €353.3M | €300.2M |
| Noncurrent Financial Assets | €148.4M | €124.8M |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | €9.4M | €8.7M |
| Noncurrent Provisions For Employee Benefits | €80.5M | €81.5M |
| Noncurrent Trade Receivables | €34.4M | €33.8M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | €1.6M | €87.9M |
| Other Comprehensive Income | — | -€45.1M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | €48.5M | -€60.2M |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €0 | €0 |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €1.8M | -€159.0K |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | €30.5M | -€44.7M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €1.7M | -€345.0K |
| Other Current Financial Assets | €59.5M | €580.6M |
| Other Current Nonfinancial Assets | €429.6M | €298.7M |
| Other Current Nonfinancial Liabilities | €364.8M | €353.7M |
| Other Inflows Outflows of Cash Classified As Operating Activities | €88.0K | €93.0K |
| Other Longterm Provisions | €338.1M | €276.3M |
| Other Noncurrent Financial Liabilities | €4.49B | €4.46B |
| Other Noncurrent Nonfinancial Assets | €107.0M | €131.7M |
| Other Noncurrent Nonfinancial Liabilities | €872.2M | €751.6M |
| Other Operating Income Expense | -€117.1M | -€102.7M |
| Other Shortterm Provisions | €330.5M | €281.4M |
| Other Work Performed By Entity and Capitalised | €60.5M | €60.2M |
| Payments From Changes In Ownership Interests In Subsidiaries | €169.7M | €0 |
| Payments of Other Equity Instruments | €5.5M | €0 |
| Payments To Acquire Or Redeem Entitys Shares | €0 | €0 |
| Proceeds From Changes In Ownership Interests In Subsidiaries | €0 | €3.4M |
| Proceeds From Issuing Other Equity Instruments | €493.8M | €0 |
| Proceeds From Sales of Intangible Assets Classified As Investing Activities | €4.3M | €7.0M |
| Profit Loss From Continuing Operations | €316.3M | €303.6M |
| Profit Loss From Discontinued Operations | €0 | €0 |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €925.4M | €830.2M |
| Revenue From Rendering of Services | €6.33B | €5.90B |
| Services Expense | €2.12B | €1.86B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Before Tax | -€192.0K | -€804.0K |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Before Tax | €147.0K | -€161.0K |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €13.9M | €7.5M |
| Trade and Other Current Payables To Trade Suppliers | €1.66B | €1.79B |
Methodology
Every line item above is a fact tagged in IREN S.P.A.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.